EURUSD H4 | Bearish Drop
Title
EURUSD H4 | Bearish Drop
Type
Bearish Drop
Preference:
Price is currently at the pivot of 1.0915, an overlap resistance, A fall from this level could lead the price to drop to 1st support at 1.0868, a pullback support close to 61.8% Fibo retracment.
Alternative scenario:
If price breaks above the pivot, it could rise to 1st resistance at 1.0942, an overlap resistance close to 50% Fibo retracement.
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